Bitcoin

<ul><li>Bitcoin shows robust bullish momentum, with trading between $61,300 and $71,200, suggesting sustained interest if prices remain above the lower bound.</li><li>The absence of reversal wicks from 2021 trends indicates continued buying interest, contrasting previous patterns that suggested potential price declines.</li><li>The occurrence of a &#39;Golden Cross&#39; in the market signals a bullish sentiment, historically followed by extended periods of rising prices.</li></ul>Bitcoin has been showing a bullish pattern on the monthly time frame, as noted by a cryptocurrency analyst known as Titan of Crypto on an<a href="https://twitter.com/Washigorira/status/1783511431301709960" rel="noopener noreferrer nofollow"> X post</a>. As of now, the cryptocurrency is trading within a new bracket ranging from $61,300 to $71,200. This upward movement is expected to continue unless a monthly candlestick closes below this range, marking a significant bullish indicator for the market.Titan of Crypto pointed out that there are no reversal wicks present, which were common in 2021 and indicated potential trend reversals. This absence suggests sustained buying interest. Instead, Bitcoin has revisited the highest closing price of its previous cycle, which is a critical area to watch.<a href="https://cryptotale.org/crypto-analyst-highlights-key-levels-in-bitcoins-market-surge/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Crypto Analyst Highlights Key Levels in Bitcoin's Market Surge

CryptoTale

在 2024年4月26日發表的其他文章

Crypto Security Experts Offer Tips for Newcomers Amid Rising Phishing Threats

‘Epic Sat’: Bitcoin halving’s rare BTC unit sells for $2.1 million

Wormhole Price Jumps 15% As W Token Goes Live on Multiple Blockchains

Coinbase Legal Chief Applauds Consensys’ Lawsuit Against SEC

Top 19 Altcoins to Stack Now For 15x Return in Next 97 Days

Top Crypto To Retire and Buy Brand New Porsche In 2025

訂閱免費電子報，每天收取加密貨幣最新動態！